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There are new features in CS 3 as opposed t CS 2 and the text engine has been improved some what in CS 3. If you have text on a path that is say curved you are going to see a loss in the spacing and way it is oriented. fixed in CS 4.
I forget some of the new features in CS 3 what was not a feature in CS 2 will be flattened when saved back.
Or the feature will simply not be available.
Thanks Wade. That was a very quick response. I know that certain objects might be flattened to a bitmap (like new filter effects) and certainly saving back to CS1 stopped you using Unicode names in your layers palette. Are there any other unicode issues like this as we may have to save Chinese files back to CS2? Are there ever any cases where a CS3 construct is completely un-representable in CS2 even in a flattened version?
Anything can be flattened I believe though some effects might be